Blackberry (TSE:BB) target upped to $9.00, issued a ratings update earlier today by RBC Capital Markets
- Updated: September 26, 2016
Boasting a price of $10.40, Blackberry (TSE:BB) traded 0.38% higher on the day. With the last stock price close up 10.17% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Blackberry has recorded a 50-day average of $10.13 and a two hundred day average of $9.49. Volume of trade was down over the average, with 291,696 shares of BB changing hands under the typical 1,098,010
Reporting as possible downside of -0.13%, RBC Capital Markets raised the target price of Blackberry (TSE:BB) to $9.00
On 09/22/2016, TD Securities released a statement for Blackberry (TSE:BB) bumped up the target price from $0.00 to $9.00 that suggested a downside of -0.13%.
With a total market value of $0, Blackberry has with a one year low of $7.99 and a one year high of $13.12 .
A total of 7 equity analysts have released a research note on BB. zero equity analysts rating the company a strong buy, two equity analysts rating the company a buy, four equity analysts rating the company a hold, two equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $8.06.
More About Blackberry (TSE:BB)
BlackBerry Limited (BlackBerry) provides mobile communications solutions. The Company is engaged in the sale of smartphones and enterprise software and services. The Company's products and services include Enterprise Solutions and Services, Devices, BlackBerry Technology Solutions and Messaging. It is engaged in providing enterprise mobility management (EMM) and mobile security, and offers a portfolio of enterprise software solutions and services that can be deployed across a range of ecosystems and devices, including BlackBerry Enterprise Service (BES) 12 and Good Platforms, BES12 Cloud, enterprise file-sync-and-share (EFSS), SecuSUITE for Enterprise, Enhanced subscriber identity module (SIM)-Based Licensing (ESBL), WorkLife by BlackBerry solution and Professional Cybersecurity Services. The BlackBerry Technology Solutions business unit consists of five units: QNX, Certicom, Paratek, the BlackBerry IoT Platform and Intellectual Property and Patent Licensing (IPPL).
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.